International Finance

Tag : HSBC Purchasing Managers’ Index or PMI

Economy

China’s industrial output and retail sales disappoint

Conditions at factories down triggering calls for state leg-up, but surging online shopping belies all trends, reports Team IFM. China’s industrial output growth during April declined below forecasts, according to data released by its statistics office earlier this week, while its retail sector disappointed even as recent trends show the country is going through an...